Latest News

Could This Be The Last Great American Oil Boom?

0

Reuters

Consumers face years of high energy prices, Big Oil CEOs warn

Consumers should brace for years of high energy prices, heads of top oil and gas companies said, in what would pile pressure on governments struggling with spiralling inflation. Oil and gas prices have rocketed in recent months as a result of a rapid recovery in global economic activity as COVID-19 restrictions have eased, as well as a drop in investment in new energy supplies. While oil and gas companies reported bumper earnings in 2021, consumers, particularly in Europe, have faced sharp rises in petrol, heating and electricity bills, which in turn have led several governments to introduce subsidies to ease the pressure.

Black Swan Manager Spitznagel Says Market Dangers Unappreciated

Previous article

Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News